Common use of Re-negotiation Clause in Contracts

Re-negotiation. If, as a result of Non-Excusable Delay, Delivery does not occur in the period falling [*] after the Delivery Period, the Buyer shall have the right exercisable by written notice to the Seller given not less than [*] nor more than [*] after the expiration of the [*] falling after the Delivery Period to require from the Seller a re-negotiation of the Scheduled Delivery Month for the affected Aircraft. Unless otherwise agreed between the Seller and the Buyer during such re-negotiation, the said re-negotiation shall not prejudice the Buyer’s right to receive liquidated damages in accordance with Clause 11.1 during the period of Non-Excusable Delay.

Re-negotiation. If, as a result of Non-Excusable Delay, Delivery does not occur in the period falling [*] ** after the Delivery Period, the Buyer shall have the right exercisable by written notice to the Seller given not less than [*] ** nor more than [*] ** after the expiration of the [*] ** falling after the Delivery Period to require from the Seller a re-negotiation of the Scheduled Delivery Month for the affected Aircraft. Unless otherwise agreed between the Seller and the Buyer during such re-negotiation, the said re-negotiation shall not prejudice the Buyer’s 's right to receive liquidated damages in accordance with Clause 11.1 during the period of Non-Excusable Delay.

Re-negotiation. If, as a result of Non-Excusable Delay, Delivery does not occur in the period falling [*] ** after the Delivery Period, the Buyer shall have the right exercisable by written notice to the Seller given not less than [*] ** nor more than [*] ** after the expiration of the [*] ** falling after the Delivery Period to require from the Seller a re-negotiation of the Scheduled Delivery Month for the affected Aircraft. Unless otherwise agreed between the Seller and the Buyer during such re-negotiation, the said re-negotiation shall not prejudice the Buyer’s 's right to receive liquidated damages in accordance with Clause 11.1 and the relevant Purchase Agreement during the period of Non-Excusable Delay.

Re-negotiation. If, as a result of Non-Excusable Delay, Delivery does not occur in the period falling [*] **** after the Delivery Period, the Buyer shall have the right exercisable by written notice to the Seller given not less than [*] **** nor more than [*] **** after the expiration of the [*] **** falling after the Delivery Period to require from the Seller a re-negotiation of the Scheduled Delivery Month for the affected Aircraft. Unless otherwise agreed between the Seller and the Buyer during such re-negotiation, the said re-negotiation shall not prejudice the Buyer’s right to receive liquidated damages in accordance with Clause 11.1 during the period of Non-Excusable Delay.